While this week’s market meltdown will no doubt have some investors worried, there will be others who are looking to take advantage of the situation and seeking out beaten-up stocks to buy. This latter group of investors understands that market volatility like this can create brilliant long-term investment opportunities.

Looking for beaten-down shares that have the potential to rebound? Here are two names to check out.

A blue-chip FTSE 100 name ‘on sale’

First up, we have banking powerhouse HSBC (LSE: HSBA). It’s currently trading for around 1,180p, down from 1,400p in late February.

Now, while this is very much a ‘blue-chip’ FTSE 100 stock, it is a little risky. That’s because banks are vulnerable to economic weakness and the huge spike in oil prices could potentially lead to a slowdown.

Another risk we need to consider here is AI-related layoffs. These could compromise banks’ mortgage books in the years ahead. But there’s a plus side to this risk too (more of that below).

Looking past these risks, there’s a lot to like here, in my view. For a start, HSBC is focused on higher-growth areas of banking such as wealth management and financial services in Asia.

Second, the company is using the aforementioned AI to become more efficient. Last week, it came to light that the company is planning to shed 20,000 of its own roles in the years ahead.

Third, it looks cheap after the recent market sell-off. At present, the price-to-earnings (P/E) ratio is under 10.

Finally, we now have a dividend yield of around 5%. So, there’s a substantial amount of income on offer.

Given all these positives, I believe the stock is worth a closer look right now.

A FTSE 250 stock for the tech boom

The other stock I want to highlight is Computacenter (LSE: CCC). It’s a FTSE 250 company that helps businesses and government organisations across the world with their IT infrastructure (servers, networking, cybersecurity, etc).

Earlier this year, it was trading above 3,300p. Today, however, it can be snapped up near 2,950p.

Computacenter has quite a bit of operational momentum at the moment. Because right now, organisations are scrambling to upgrade their IT systems for the AI era.

We can see this in the company’s results for 2025, which were posted earlier this month. For 2025, adjusted operating profit was up 11.3% year on year.

Note that the company ended 2025 with a record product backlog of £7.1bn. This bodes well for near-term performance.

It’s worth pointing out that an economic slowdown is a risk here too – this could see companies spend less on technology. AI is also potentially a risk – in the long run, businesses may be able to bypass companies like this using AI agents.

With the stock trading on a P/E ratio of about 15 and offering a yield of around 2.7, however, I see appeal. I reckon it’s worth considering as a play on the tech boom.